All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. Meanwhile on Wall Street the S&P-500 marks a +0.38% gain.EUR / USD broadly maintains the previous session's levels, with a change of only -0.07%. Gold advances with a fractional gain of +0.31%. Light Sweet Crude Oil slides -0.71% to 81.62 dollars per barrel.
The Spread flatlines, remaining at +131 basis points, while the Italian ten-year BTP is at +3.76%.
Among the European markets, troubled Frankfurt falls -0.72%, London is down, with a net loss of 0.90%, and Paris is firmly in the red, showing a fall of 1.10%.
In Milan, the FTSE MIB is below the flatline as it slips -0.55% to 34,392 points, snapping the three-day winning streak, which began last Wednesday; similarly, the FTSE Italia All-Share loses -0.55% to trade at 36,651 points.
The FTSE Italia Mid Cap spirals down (-0.74%); similarly, the FTSE Italia Star is slightly lower (-0.6%).
Among Italy's best performing large-caps, Leonardo makes fairly pedestrian progress (+1.44%).
Saipem looks composed with modest growth of +0.93%.
Banca Mediolanum performs modestly, showing a moderate +0.65% rise.
Brunello Cucinelli reports the heaviest losses, currently suffering from a -2.55% down.
Moncler trades negative, losing -2.3%.
Stmicroelectronics plunges -2.12%.
Prysmian declines by a notable -1.66%.
Danieli & C (+2.71%), Pharmanutra (+2.69%), Cementir (+1.39%) and Italmobiliare (+1.20%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Ferragamo sees the heaviest sell-offs, now trading -7.68% lower.
Carel Industries is struggling, -3.14% down.
Alerion Clean Power suffers losses of 3.08%.
Investors hurry to sell as Cembre declines -2.91%.
(Teleborsa) 07-15-2024 04:00 PM